Union Pacific Eyes CSX, Northfolk Southern
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Union Pacific is working with Morgan Stanley investment bankers to provide guidance on the potential acquisition of another Class I railroad, the online publication Semafor reported on Wednesday, citing people familiar with the matter.
Executives and insiders have speculated for months that a Trump presidency could usher in a fresh wave of rail consolidation.
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Fintel reports that on July 27, 2023, Morgan Stanley maintained coverage of Union Pacific (NYSE:UNP) with a Equal-Weight recommendation. Analyst Price Forecast Suggests 6.32% Downside
NEW YORK (MarketWatch) -- Union Pacific Corp. garnered its second upgrade from Morgan Stanley in less than a month Friday, as the brokerage argued that the worst is over for the railroad operator ...